1405 OceanMyrtle Beach, SC 29577

  • Hospitality properties
  • 4,084 SF
Off market
$5,994,720 Estimated

Property Details for 1405 Ocean

Year built
1969
Lot size
0.60 AC
Property size (Sq ft)
4,084 SF
Zone code
TA8
Property type
Hospitality properties
Property subtype
Hotels
APN
443-14-01-1017
APU
44314011017

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $814,835
    6.5%
    $752,155
    7%
    $698,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,007,604
    Geo Method
    $2,202,987
  • Alternative Use

    Use
    Valuation
    Residential
    $821,135
    Hospitality
    $752,155
    Educational
    $625,784
    Medical
    $647,306
    Retail
    $973,442
1405 Ocean, Myrtle Beach, South Carolina

Location Insight

City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.6739
Longitude
-78.9
CBSA code
34820
CBSA name
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,670
$57,000
$15,000
$72,000
-
$950,000
$250,000
$1,200,000

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